We assign a technical rating of 2 out of 10 to MDXH. Although MDXH is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, MDXH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 3.24, a Stop Loss order could be placed below this zone.
More info and screens
3.10
2 important support areas can be observed.
- A support zone ranging from 3.21 to 3.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 3.13 to 3.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @3.28 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.34 to 3.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.54 to 3.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MDXH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDXH is down. |
| ChartMill Relative Strength | 81.39 | POSITIVE | MDXH has a high relative strength, it outperformed 81.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDXH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MDXH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDXH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.6 | NEUTRAL | The RSI value for MDXH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MDXH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.68 | NEUTRAL | The Stochastics value for MDXH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for MDXH suggests high volalility. |
| Average Directional Index/ADX (14) | 22.41 | NEUTRAL | The ADX value for MDXH suggests a possible start of a new trend. |
3.26
-0.01 (-0.31%)
MDXHEALTH / MDXH FAQ
Can you provide the ChartMill technical rating for MDXHEALTH?
ChartMill assigns a technical rating of 2 / 10 to MDXH.
What is the current trend direction of MDXHEALTH (MDXH) stock?
The current trend direction for MDXHEALTH (MDXH) is Bearish.
What is the RSI signal for MDXHEALTH (MDXH) stock?
MDXHEALTH (MDXH) has an RSI value of 42.6038. This indicates that the stock is currently neutral.
What is the MACD signal for MDXH stock?
The MACD indicator for MDXHEALTH (MDXH) has a value of 0.00896525, indicating a bearish trend.
What is the support and resistance level for MDXH stock?
MDXHEALTH (MDXH) has a support level at 3.24 and a resistance level at 3.28. Check the full technical report for our detailed analysis of MDXH support and resistance levels.